Ethereum News

Ethereum (ETH) was launched in 2015 by Vitalik Buterin and a team of co-founders as the world's first programmable blockchain, enabling smart contracts and decentralized applications (dApps) that extend far beyond simple peer-to-peer transactions. After transitioning from proof-of-work to proof-of-stake consensus through "The Merge" in 2022, Ethereum now processes transactions more efficiently while maintaining its position as the foundation for decentralized finance (DeFi) and Web3 innovation.

The Ethereum ecosystem encompasses thousands of decentralized applications, from DeFi protocols like Uniswap and Aave to NFT marketplaces, gaming platforms, and layer-2 scaling solutions like Arbitrum and Polygon. Developers, validators, and users interact within this programmable economy where ETH serves as both a digital currency and the fuel powering smart contract execution through gas fees.

CoinDesk covers all aspects of Etherum, from protocol upgrades and scaling developments to DeFi innovation and regulatory implications. Our reporters track everything from Ethereum's roadmap milestones and staking developments to the broader implications of programmable money and decentralized autonomous organizations.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Synthetix’s SNX Token Jumps as DeFi Project Lyra Sets New Rewards Program

“This shows a growing community of participants for the Synthetix ecosystem,” said one analyst.

By Lyllah LedesmaSep 14, 2021

Lyra's new rewards program is music to the ears of SNX holders. (Creative Commons, modified by CoinDesk)

Tech

Layer 2 Network Arbitrum Experiences Hourlong Network Outage

The Ethereum scaling solution overcame an hourlong outage on its beta mainnet this morning as TVL continues to soar.

By Andrew ThurmanSep 14, 2021

(Olena Poliakevych/iStock /Getty Images Plus)

Tech

‘Experimental’ Early-Morning Attack Temporarily Diverts 0.8% of Ethereum Nodes

An attacker fraudulently added hundreds of blocks to the Ethereum chain with invalid proof-of-work, but only a small percentage of nodes were affected.

By Andrew ThurmanSep 14, 2021

Graphics processing units (GPUs) used to mine the Ethereum and Zilliqa cryptocurrencies at the Evobits crypto farm in Cluj-Napoca, Romania, on Wednesday, Jan. 22, 2020. The world’s second-most-valuable cryptocurrency, Ethereum, rallied 75% this year, outpacing its larger rival Bitcoin. Photographer: Akos Stiller/Bloomberg

Videos

Solana Labs CEO Anatoly Yakovenko on SOL Dominance in Altcoin Markets

As the Solana blockchain continues to make waves in the crypto markets, Solana Labs CEO Anatoly Yakovenko discusses the drivers behind Solana’s emerging dominance in the blockchain space, digging into the potential weaknesses of Ethereum. Plus, insights into Solana’s use cases including NFTs and the outlook for its native token SOL.

Sep 14, 2021